Comparison between Shri Techtex IPO and Zeal Global Services IPO.
IPO Details
Shri Techtex IPO is a SME Fixed Price IPO proposed to list at NSE SME while Zeal Global Services IPO is a SME Fixed Price proposed to list at NSE SME.
Issue Size and Price
The total issue size of Shri Techtex IPO is up to ₹42.87 Cr whereas the issue size of the Zeal Global Services IPO is up to ₹34.63 Cr. The final issue price of Shri Techtex IPO is ₹61.00 per share and of Zeal Global Services IPO is ₹103.00 per share.
IPO Timetable
Shri Techtex IPO opens on Jul 26, 2023, while Zeal Global Services IPO opens on Jul 28, 2023. The closing date of Shri Techtex IPO and Zeal Global Services IPO is Jul 28, 2023, and Aug 01, 2023, respectively.
| | Shri Techtex IPO | Zeal Global Services IPO |
|---|
| Anchor Bid Date | Jul 25, 2023 | |
| Issue Open | Jul 26, 2023 | Jul 28, 2023 |
| Issue Close | Jul 28, 2023 | Aug 01, 2023 |
| Basis Of Allotment (Tentative) | Aug 02, 2023 | Aug 04, 2023 |
| Initiation of Refunds (Tentative) | Aug 03, 2023 | Aug 07, 2023 |
| Credit of Share (Tentative) | Aug 04, 2023 | Aug 08, 2023 |
| Listing date (Tentative) | Aug 04, 2023 | Aug 09, 2023 |
| Anchor Lockin End date 1 | Sep 01, 2023 | |
| Anchor Lockin End date 2 | Oct 31, 2023 | |
Financials & KPIs
Shri Techtex IPO P/E ratio is 16.71, as compared to Zeal Global Services IPO P/E ratio of 13.83.
Shares Offered
In the Shri Techtex IPO Retail Individual Investors (RII) are offered 24,62,000 shares while in Zeal Global Services IPO retail investors are offered 24,62,000 shares. Qualified Institutional Buyers (QIB) are offered 14,10,000 shares in Shri Techtex IPO and in Zeal Global Services IPO.
| | Shri Techtex IPO | Zeal Global Services IPO |
|---|
| Anchor Investor Reservation | 21,00,000 shares | |
| Market Maker Reservation | 3,72,000 shares | 1,77,600 shares |
| QIB | 14,10,000 shares | |
| NII | 10,56,000 shares | 16,80,000 shares |
| RII | 24,62,000 shares | 16,82,400 shares |
| Employee | 0 shares | |
| Total | 70,28,000 shares | 33,62,400 shares |
Bids Received (Subscription)
Shri Techtex IPO subscribed 104.08x in total, whereas Zeal Global Services IPO subscribed 4.05x.
